JD.com to issue shares worth $220 million to Tencent for WeChat access

Reuters

Published Jun 29, 2022 07:19AM ET

Updated Jun 29, 2022 10:10AM ET

(Reuters) -China's JD (NASDAQ:JD).Com Inc said on Wednesday it would issue shares worth $220 million to investor Tencent Holdings (OTC:TCEHY) Inc over a three-year period to access certain services on the latter's WeChat platform.